the future of the us dollar?

in #dollar8 years ago

The collapse of the U.S. dollar and the Federal Reserve are widely discussed on alternative media. It is understood that initial measures have been taken to insure a softer landing when the current US Dollar (the Federal Reserve Note, FRN) will be removed from circulation, being replaced by the new notes which will be printed and backed solely by the U.S. Treasury. If you have any of the old money, you will want to replace the old FRN with the new currency. If you do not start taking action now you may find in the near future that the fiat currency you hold is unredeemable.
This is particularly true of the dollars that are held outside of the United States, most of which will not be redeemable once the transition is made.
The old $100 bill currently in circulation has a picture of Franklin and on the left side of the bill, you will find the words 'Federal Reserve Note' and see the seal for the private corporation United States Federal Reserve System. On the right side, you find the words 'The United States of America' and a seal with the same.
When the crash comes this note will be unusable.
If you have these, use them NOW in transactions.
The new note was issued after the last crash and shows an issuing date of 2009 (or later)… although it wasn’t circulated to the general public until 2013.
The headlines said that it had special security features so that it would not be easy to counterfeit but that was, to be polite, an obvious half-truth.
On these new notes Benjamin Franklin’s image is no longer encircled and has shifted left of the fold line. The blue 3-D security ribbon with images of bells and 100s is on the right side of the bill. Note that the security strip is not in the exact centre of the folded bill.
You will also notice a colour-shifting bell inside a copper inkwell on the front of the note. The bell shifts in colour from copper to green in an effect that makes the bell seem to appear and disappear in the inkwell. What is really obvious about the new bill is all the gold colour on the right side of the bill, which is absent on the left side of the bill.
On the left side of the folded bill, you will see that Franklin is pictured, along with the Federal Reserve statement and emblem with signatures. However, the phrase 'This note is legal tender for all debts, public and private' is located. It is now on the right side of the bill.
The two halves of the bills look like two entirely different notes.
On the left side, we have the similarities with the old FRN which will be faded out just as the old $100 bills are being destroyed now. On the right side we have the new currency hiding in plain sight. It is the right side of the $100 bill that is now 'legal tender for all debts, public and private.' This statement is no longer on the FRN side of the bill.
All of the gold on the right side of the bill is important - the gold writing, feather pens, ink wells, numbers, liberty bells, etc. This is the side of the note that seems to say “backed by gold.” Also notice the huge gold lettering on the number 100 on the back of the bill. Is it saying the new currency will be backed by gold? Probably.
When the elites are ready for the system to be collapsed, American citizens will probably be given notice and will be instructed how to exit the old Federal Reserve currency system. But in the meantime, people should switch out their old FRNs for the new note at every opportunity.
If you are a foreign nation or national, holding quantities of U.S. dollars, you are more than likely holding OLD U.S. dollars. It is going to be very difficult to exchange your old fiat currency for the new gold-backed U. S. currency, especially with the new banking regulations that only permit limited cash transactions every day and have limits of how much cash can be brought in to the U.S. at any one time.
Once the move is made to dump the FRN, those entities, both foreign and domestic, or bank accounts outside of the U.S. system (such as off shore), may find their FRNs have no value once the fiat system collapses.
This is a cunning way of eliminating currency from an over-bloated cash bubble market. One way or another, agents and entities will have to suffer from the collapse of the fiat FRN.
By bringing in the new currency on the back (or side) of the old currency, they are trying to smooth the way for the changeover before the entire bankrupt planet goes in search of bankers blood.

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Are you sure the new dollars are gold backed? I didn't think the FED has enough gold reserves to back the money in current rates.

Hi, good question and you're right, there has been no announcement of gold backed currency as yet... but the indicators are that it is coming. It is not just the changes to the new dollar bill that are giving clues but USA's change in gold buying activity; according USGS World Gold Mineral the US imported 20.7 metric tons of gold in May 2016, which was more than it has imported in several decades. As you may know, the USA claimed to have the largest gold reserves on the planet (according to the World Gold Council) but has steadfastly refused to have this verified by an outside auditor. Time will tell of course, but it would be prudent to position yourself for the probability of the new currency (backed by gold if the signs are correct) replacing the old (which many people, especially those outside of the US) hold.